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July Issue 3 2012

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AJC Issue Archive Departments

Late run kings closed for first time ever on Kenai River

For the first time ever the Alaska Department of Fish and Game has closed the Kenai River to king salmon fishing during the late run due to continued low counts of king salmon.

Parnell rejects idea of state-run health exchange

Alaska Gov. Sean Parnell on Tuesday rejected the idea of a state-run health insurance exchange under the federal health care law, saying "federally mandated programs should be paid for by federal dollars."

Oil price climbs above $90 on stronger US demand

Alaska North Slope crude was trading for $105.58 on Wednesday, up 61 cents from its close at $104.97 on July 17.

Stocks rise as investors shrug off weak earnings

U.S. stocks rose in early trading Wednesday as investors weighed new signs of a housing rebound against weak earnings reports from several big companies.

Capital One repays consumers to end card probe

Capital One Bank will pay $210 million to settle federal charges that it tricked credit card customers into buying costly add-on services like payment protection and credit monitoring.

Feds providing $250K for tsunami debris removal

The National Oceanic and Atmospheric Administration on Monday announced it will provide $250,000 in grants to five states affected by debris from last year's tsunami in Japan.

Report: 2M jobs lost if automatic cuts kick in

Automatic cuts in federal spending will cost the economy more than 2 million jobs, from defense contracting to border security to education, if Congress fails to resolve the looming budget crisis, according to an analysis released Tuesday.

Bernanke offers no hints of imminent Fed action

Chairman Ben Bernanke offered a sour assessment of the U.S. economy Tuesday and said the Federal Reserve is ready to take further action if growth doesn't pick up.

China's premier promises job creation efforts

Premier Wen Jiabao said Tuesday China's employment situation "will become more complex and severe" and promised to generate jobs, according to a Cabinet statement, adding to suggestions Beijing might launch new stimulus efforts.

Olympic organizers put cheerful spin on games woes

Apart from a wrong turn by a bus driver, a snarky tweet by a U.S. athlete, a few waterlogged venues and a scramble to find enough security guards, everything is fine at the London Olympics less than two weeks before opening ceremony, organizers insist.

KTUU Q&A on the new Denali National Park vehicle management plan

As part of KTUU-TV’s upcoming one-hour in-depth special, “Denali: A Delicate Balance,” Channel 2’s Steve MacDonald spoke with Denali National Park Superintendent, Paul Anderson, regarding the need for a new plan and the changes visitors can expect in the future.

Memorial set for former state Rep. Heinze

A memorial is scheduled Tuesday for former Alaska state Rep. Cheryll Heinze, who died this week of injuries suffered in a small plane crash.

Coast Guard: Check shows no damage to Shell ship

An inspection of a Shell drilling ship that lost its mooring and drifted toward shore of an Alaska Island showed no signs of damage or grounding, the Coast Guard said Sunday.

Romney charges Obama's ad attacks 'misdirected’

Republican Mitt Romney demanded Monday that President Barack Obama back away from his persistent attacks on Romney's record at Bain Capital, advising that it would be better "if you spent some time speaking about your record."

US economy appears weaker as retail sales slump

The outlook for the U.S. economy appeared dimmer Monday after a report that Americans spent less at retail businesses for a third straight month in June.

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Transportation

Feds providing $250K for tsunami debris removal

The National Oceanic and Atmospheric Administration on Monday announced it will provide $250,000 in grants to five states affected by debris from last year's tsunami in Japan.

Archive »

Tourism

KTUU Q&A on the new Denali National Park vehicle management plan

As part of KTUU-TV’s upcoming one-hour in-depth special, “Denali: A Delicate Balance,” Channel 2’s Steve MacDonald spoke with Denali National Park Superintendent, Paul Anderson, regarding the need for a new plan and the changes visitors can expect in the future.

Archive »

Oil & Gas

Oil price climbs above $90 on stronger US demand

Alaska North Slope crude was trading for $105.58 on Wednesday, up 61 cents from its close at $104.97 on July 17.

Coast Guard: Check shows no damage to Shell ship

An inspection of a Shell drilling ship that lost its mooring and drifted toward shore of an Alaska Island showed no signs of damage or grounding, the Coast Guard said Sunday.

Archive »

Alaska Politics

Parnell rejects idea of state-run health exchange

Alaska Gov. Sean Parnell on Tuesday rejected the idea of a state-run health insurance exchange under the federal health care law, saying "federally mandated programs should be paid for by federal dollars."

Feds providing $250K for tsunami debris removal

The National Oceanic and Atmospheric Administration on Monday announced it will provide $250,000 in grants to five states affected by debris from last year's tsunami in Japan.

Report: 2M jobs lost if automatic cuts kick in

Automatic cuts in federal spending will cost the economy more than 2 million jobs, from defense contracting to border security to education, if Congress fails to resolve the looming budget crisis, according to an analysis released Tuesday.

Archive »

National Politics

Parnell rejects idea of state-run health exchange

Alaska Gov. Sean Parnell on Tuesday rejected the idea of a state-run health insurance exchange under the federal health care law, saying "federally mandated programs should be paid for by federal dollars."

Feds providing $250K for tsunami debris removal

The National Oceanic and Atmospheric Administration on Monday announced it will provide $250,000 in grants to five states affected by debris from last year's tsunami in Japan.

Report: 2M jobs lost if automatic cuts kick in

Automatic cuts in federal spending will cost the economy more than 2 million jobs, from defense contracting to border security to education, if Congress fails to resolve the looming budget crisis, according to an analysis released Tuesday.

Romney charges Obama's ad attacks 'misdirected’

Republican Mitt Romney demanded Monday that President Barack Obama back away from his persistent attacks on Romney's record at Bain Capital, advising that it would be better "if you spent some time speaking about your record."

Archive »

Money Talks

Capital One repays consumers to end card probe

Capital One Bank will pay $210 million to settle federal charges that it tricked credit card customers into buying costly add-on services like payment protection and credit monitoring.

Archive »

Finance

Stocks rise as investors shrug off weak earnings

U.S. stocks rose in early trading Wednesday as investors weighed new signs of a housing rebound against weak earnings reports from several big companies.

Report: 2M jobs lost if automatic cuts kick in

Automatic cuts in federal spending will cost the economy more than 2 million jobs, from defense contracting to border security to education, if Congress fails to resolve the looming budget crisis, according to an analysis released Tuesday.

Bernanke offers no hints of imminent Fed action

Chairman Ben Bernanke offered a sour assessment of the U.S. economy Tuesday and said the Federal Reserve is ready to take further action if growth doesn't pick up.

China's premier promises job creation efforts

Premier Wen Jiabao said Tuesday China's employment situation "will become more complex and severe" and promised to generate jobs, according to a Cabinet statement, adding to suggestions Beijing might launch new stimulus efforts.

US economy appears weaker as retail sales slump

The outlook for the U.S. economy appeared dimmer Monday after a report that Americans spent less at retail businesses for a third straight month in June.

Archive »

Fishery Stories

Late run kings closed for first time ever on Kenai River

For the first time ever the Alaska Department of Fish and Game has closed the Kenai River to king salmon fishing during the late run due to continued low counts of king salmon.

Feds providing $250K for tsunami debris removal

The National Oceanic and Atmospheric Administration on Monday announced it will provide $250,000 in grants to five states affected by debris from last year's tsunami in Japan.

Archive »

General News

Stocks rise as investors shrug off weak earnings

U.S. stocks rose in early trading Wednesday as investors weighed new signs of a housing rebound against weak earnings reports from several big companies.

Capital One repays consumers to end card probe

Capital One Bank will pay $210 million to settle federal charges that it tricked credit card customers into buying costly add-on services like payment protection and credit monitoring.

Report: 2M jobs lost if automatic cuts kick in

Automatic cuts in federal spending will cost the economy more than 2 million jobs, from defense contracting to border security to education, if Congress fails to resolve the looming budget crisis, according to an analysis released Tuesday.

China's premier promises job creation efforts

Premier Wen Jiabao said Tuesday China's employment situation "will become more complex and severe" and promised to generate jobs, according to a Cabinet statement, adding to suggestions Beijing might launch new stimulus efforts.

Olympic organizers put cheerful spin on games woes

Apart from a wrong turn by a bus driver, a snarky tweet by a U.S. athlete, a few waterlogged venues and a scramble to find enough security guards, everything is fine at the London Olympics less than two weeks before opening ceremony, organizers insist.

Memorial set for former state Rep. Heinze

A memorial is scheduled Tuesday for former Alaska state Rep. Cheryll Heinze, who died this week of injuries suffered in a small plane crash.

US economy appears weaker as retail sales slump

The outlook for the U.S. economy appeared dimmer Monday after a report that Americans spent less at retail businesses for a third straight month in June.